Ok so the market was limit down last night, but has recovered to about 2100.
Ideally, it hangs out here and some vol gets sucked out, which means the profits on this trade should come in pretty quickly.
It’s a VERY GOOD IDEA to push out some closing orders here… you may not get filled but it is a possibility.
| IncomeLab Order Ticket | ||||
| Type | Asset | Duration | Strike | C/P |
|---|---|---|---|---|
| STC | SPX | 23 DEC 16 | 2210 | Call |
| BTC | SPX | 23 DEC 16 | 2200 | Call |
| BTC | SPX | 23 DEC 16 | 2080 | Put |
| STC | SPX | 23 DEC 16 | 2070 | Put |
| Total Debit: | 4.10 | |||
